What is the Difference Between Operations Management and Supply Chain Management Quizlet?

White Mountain Sled Company manufactures snow sledges for children. The company's performance report for November is as follows. The company uses sales variance analysis to explain the difference between budgeted and actual sales revenues. Calculate the following variances and indicate whether each is favorable or unfavorable.

Which of the following accounts would never appear on the test balance sheet after closing? (More than one answer may be correct. Do these data provide sufficient evidence to infer that topiramate is effective in causing withdrawal during the first month?)Operations management and supply chain management are two distinct yet related disciplines that are essential for any business to succeed. Operations management focuses on the day-to-day operations of a business, such as production, inventory control, and quality control. Supply chain management, on the other hand, is concerned with the flow of goods and services from suppliers to customers.

Operations management is concerned with the efficient use of resources to produce goods and services. It involves planning, organizing, controlling, and monitoring activities related to production, inventory control, quality control, and customer service. It also involves managing resources such as labor, materials, and capital in order to maximize efficiency and minimize costs. Supply chain management is focused on the flow of goods and services from suppliers to customers.

It involves managing relationships with suppliers, negotiating contracts, managing inventory levels, and ensuring timely delivery of goods and services. It also involves managing customer relationships by providing excellent customer service and ensuring customer satisfaction.The main difference between operations management and supply chain management is that operations management focuses on the day-to-day operations of a business while supply chain management focuses on the flow of goods and services from suppliers to customers. Operations management is concerned with maximizing efficiency and minimizing costs while supply chain management is concerned with managing relationships with suppliers, negotiating contracts, managing inventory levels, and ensuring timely delivery of goods and services. In conclusion, operations management and supply chain management are two distinct yet related disciplines that are essential for any business to succeed. Operations management focuses on the day-to-day operations of a business while supply chain management focuses on the flow of goods and services from suppliers to customers.